On Tuesday, Huawei Technologies Co., Ltd. announced that it has won more than 25 5G commercial contracts, is a global leader in 5G commercial contracts, and has shipped more than 10,000 5G base stations.
Hu Houkun, vice chairman and rotating CEO of Huawei, said at a press conference at Shenzhen headquarters that the companys total revenue is expected to exceed $100 billion this year. This will be a major milestone in our companys history. Huahuas revenue was $92 billion in 2017.
Despite some market efforts to create fear of Huawei and use politics to intervene in industry growth, we are proud to say that our customers still trust us, Hu Houkun said at the launch.
When it comes to security charges, its better to let the facts speak, he added. The fact is that Huaweis safety record is innocent.
Source: Responsible Editor of Finance and Economics Network: Qiao Junjing_NBJ11279